Chumporn Palm Oil Industry (CPI) Q1 2025 earnings summary

Executive summary

• Achieved consolidated net profit of Baht 47.7 million for Q1 2025, reversing a net loss of Baht 3.1 million in Q1 2024.

• Total revenues for Q1 2025 were Baht 1,045 million, down 15.5% year-over-year.

• Palm oil products remain the core business, with two major customers accounting for Baht 297 million in sales.

Financial highlights

• Q1 2025 consolidated sales: Baht 1,040 million (down from Baht 1,230 million in Q1 2024).

• Gross profit improved as cost of sales decreased to Baht 924 million (from Baht 1,145 million year-over-year).

• Basic EPS for Q1 2025 was Baht 0.075, compared to a loss per share of Baht 0.005 in Q1 2024.

• Cash and cash equivalents increased to Baht 121.7 million as of 31 March 2025 (from Baht 98.2 million at year-end 2024).

• Net cash from operating activities was Baht 199 million, up from Baht 237 million in Q1 2024.

Outlook and guidance

• Management expects continued focus on palm oil products, with other segments remaining insignificant.

• No significant impact from revised financial reporting standards effective 2025.